The Brazilian National Petroleum Agency (Agência Nacional do Petróleo - ANP) 11th Bid Round was authorised by the Brazilian president, Dilma Rousseff, on 10 January 2013, with the round expected to be launched by May 2013.

ANP will offer 172 exploratory blocks, covering a total of 121,199.15sqkm, divided into 17 sectors within nine sedimentary basins.